HomeEventsEnergy Initiatives SeminarsSeventh Energy Initiatives Seminar “Energy Markets in Turmoil: After an Extraordinary Year, What’s Next?”

Seventh Energy Initiatives Seminar “Energy Markets in Turmoil: After an Extraordinary Year, What’s Next?”

10 December 2021

The Seventh Energy Initiatives Seminar was held on December 10, 2021 in an online format. The topic of the seminar was “Energy Markets in Turmoil: After an Extraordinary Year, What’s Next?”.

 The seminar consisted of two discussion panels (sessions):
  • Decarbonization after COP26: Discouragement or New Radicalization?
  • The Gas Market Storm 2021: Who is to Blame and What Should Be Done?

  Key issues discussed:
  • What will be the real consequences of COP26: further segregation or new globalization?

  • Will China and India adjust their climate policy under the influence of the 2021 energy crises?

  • Incomprehensible Russia: is the country following the path of real decarbonization or is it building Potemkin villages? And what does this mean for Russian energy exports?

  • The supply/demand imbalance in the LNG market: is it possible to prevent new price shocks?

  • Are European gas prices the "reflected light" of Asian indices? How important are intra-European factors for price dynamics in Europe?

  • Gazprom does not want or cannot increase gas supplies to Europe? What is going on inside Russia?

  • Will the US domestic gas prices remain high and what does this mean for the global market?


The seminar was organized by Citigroup and the Institute of Energy and Finance (FIEF).

Moderators are Edward Morse (Citigroup) and Alexey Gromov (FIEF).
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